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Mumbai: India s credit card boom is turning less lucrative for issuers, yielding lower profit margins for banks even as spending continues to rise. Customers are increasingly using credit cards as a payment tool rather than a borrowing product, shrinking the i
Donald Trump has reportedly proposed renaming the strategically vital Strait of Hormuz to 'Trump Strait.' This suggestion, if acted upon, would mark a significant and potentially controversial rebranding of a critical global waterway. Listen to this article in
The Bombay High Court has set aside the family court s award of Rs 10 lakh permanent alimony to the wife, finding it based on an unsupported assumption of the husband s income, and remanded the matter for fresh determination based on both parties earnings, nee
The Delhi government has ordered a Comptroller and Auditor General (CAG) audit of the national Capital s private power distribution companies (discoms), officials said on Thursday. An order issued by the power department on Wednesday said the audit has been en
The resolution professional overseeing the insolvency proceedings of Byju s parent Think & Learn has sought another 90 days to complete the process, which has been hindered by multiple court battles and delays in monetising the edtech firm s assets.Shailendra
India's tax amnesty scheme for small taxpayers opened Sunday and runs until December 2026. This one-time measure aims to bring undeclared foreign assets and income into the tax net
ONGC has received a US Treasury license to resume full operations in Venezuela. This approval removes sanctions-related risks, allowing expanded production and new agreements
The government has opened a limited window for taxpayers to disclose specified foreign assets and income. Two routes offer eligibility thresholds of 1 crore and 5 crore, with electronic declarations required by December 31, 2026, subject to prescribed payments
India s efforts to secure critical mineral assets overseas are facing a series of hurdles, ranging from high asset valuations, volatile mineral prices, financial constraints, to socio-political risks in resource-rich countries. Incorporated in 2019, the govern
Rahul Gandhi has approached the Supreme Court challenging a high court order. The Allahabad High Court directed probes into allegations of disproportionate assets against him
The state Vigilance and Anti-Corruption Bureau has summoned BJP MLA from Dharamshala, Sudhir Sharma, to appear before the investigating officer on August 13 in connection with an FIR registered under the Prevention of Corruption Act. The notice directs Sharma
Real estate giant Omaxe is launching a dedicated hospitality arm, planning 19 hotels across India within five years. The company will invest approximately Rs 6,200 crore, focusing on key urban centers and pilgrimage sites, with a significant presence planned i
NDR InvIT Trust filed draft papers for a Rs 750 crore IPO to transition from private to public. The funds will support acquiring warehousing assets, aiming to strengthen and diversify its logistics portfolio across major Indian markets
NDR InvIT Trust, sponsored by NDR Warehousing Private Limited, has proposed to convert into a public InvIT through an initial public offering aimed at raising up to Rs 750 crore.The proposed IPO comprises a fresh issue of units worth up to Rs 450 crore and an
Fusion Finance plans to reduce microfinance loans to seventy percent by fiscal 2029. The company will introduce larger individual loans while focusing on small business lending
The Karnataka Lokayukta police, investigating a disproportionate assets case against former minister Zameer Ahmed Khan, have sought Governor Thawarchand Gehlot s sanction to prosecute him under the Prevention of Corruption Act. The Lokayukta police wrote to th
Stocks opened lower on Monday after renewed tensions in the Middle East with Iran shutting the crucial Strait of Hormuz, pushing the crude oil prices higher. At 9.15 am, The benchmark Nifty 50 plummeted 0.69% to 24,039.4, while the BSE Sensex shed 0.78% to 76
Mumbai Metro One Pvt Ltd (MMOPL), which operates the Versova-Ghatkopar Metro corridor, has got a major financial breather with the National Asset Reconstruction Company Ltd (NARCL) taking over and restructuring its debt. The move brings to an end the insolvenc
The Directorate of Enforcement (ED) on Thursday conducted search proceedings under the provisions of the Foreign Exchange Management Act, 1999 (FEMA) in connection with an investigation relating to M/s Kalanee Impex Private Limited and its active director Shri
PRAYAGRAJ The Allahabad high court has held that assets purchased from unknown sources of income cannot be presumed to be derived from proceeds of crime provided in the Prevention of Money Laundering Act, 2002. A person may have assets derived from unknown sou
ACB Arrests DSP Bhim Reddy | | Illegal Assets Case | RTV #dspbhimreddy#acbraids#illegalassets#rtv For More News Updates, Visit : Join Our Whats APP Channel : Download Our Android APP : Download Our IOS App : About Channel: RTV News Network is your top source f
DSP Bhim Reddy Illegal Assets | 1000 .. | ACB Raids | RTV #dspbhimreddy#acbraids#noarrest#rtv For More News Updates, Visit : Join Our Whats APP Channel : Download Our Android APP : Download Our IOS App : About Channel: RTV News Network is your top source for r
A Chartered Accountant's social media post ignited a debate by contrasting a Rs 50 lakh luxury SUV with investing in 20 electric rickshaws. He argues that while an SUV is a depreciating asset, the e-rickshaws can generate a net monthly income of Rs 80,000 to R
Icra downgraded Utkarsh Small Finance Bank's debt ratings, citing elevated bad loans, weak earnings and rising stress in its microfinance portfolio. High credit costs, fresh slippages and lower operating profitability weighed on the lender despite improving co
A special CBI court in Chandigarh has dismissed applications filed by suspended Punjab Police deputy inspector general (DIG) Harcharan Singh Bhullar and his family, seeking the de-freezing of 17 bank accounts allegedly linked to an ongoing graft and disproport...